"Science has nothing to fear from an open debate. Feeling of insecurity is characteristic of a cult. Mises would have abhorred the idea that his scientific heritage has fallen to the care of a self-appointed 'thought police' that would censor and suppress all dissent."

"[Hayek] expounded his theory and covered the blackboard with his triangles. The whole argument, as we could see later, consisted in confusing the current rate of investment with the total stock of capital goods, but we could not make it out at the time."